GSTR 9 is an annual return form that is to be filed by every taxpayer registered under GST. This form comprises income and expenditure details for the financial year and consolidates the returns filed in GSTR-1, GSTR-2A and GSTR-3B into one document. Recently, the last date to file this GST annual return form for FY17-18 was extended to 31 August 2019.

Here’s a brief guide on GSTR 9:

Who should file GSTR 9?

Every GST-registered taxpayer must file GSTR 9 once a year. Currently intra-state suppliers and service-sector businesses with annual turnovers over Rs.20 lakh and goods-sector businesses with annual turnovers over Rs.40 lakh need to register for GST.

Here are some individuals who do not need to file GSTR 9:

Casual tax persons

Enter details such as personal profile type, business name, state, email ID, mobile number and then click on ‘Proceed’.

Input service distributors

Non-resident taxable persons

Individuals paying TDS

What is the last date to file GSTR 9?

In general, you must file GSTR 9 on or before 31 December of the forthcoming financial year. That said, the date can be extended by the Government. For example, the last date for FY 17-18 is 31 August 2019.

Is there a penalty if you miss filing GSTR 9 on time?

Yes, you incur a penalty of Rs.100 under CGST and Rs.100 under SGST giving you a total of Rs.200 per day. There are no penalty charges on IGST at present. The maximum penalty fee payable is Rs.5,000 and you incur an 18% interest penalty on the outstanding tax payments apart from the late charges.

What are the different types of GSTR 9 forms?

GSTR-9A: To be filed by individuals who have opted for the GST composition scheme.

GSTR-9B: To be filed by e-commerce operators who file GSTR 8 during the financial year.

GSTR-9C: To be filed by registered taxpayers with aggregate turnovers of over Rs.2 crore.

How to fill the GSTR 9 form

The GSTR 9 form comprises 6 parts divided over 19 sections. Here you need to fill in basic details and data that you can get from your previous filings and books of accounts.

Part 1: Here, basic details such as your GSTIN number, legal and trade names details of taxable services and goods are to be filled.

Part 2: Here, details pertaining to outward and inward supplies declared during the course of the financial year are to be provided. You can get this data from GSTR 1 and GSTR 3B.

Part 3: Here, details of the Input Credit Tax that you filed in returns during the financial year must be entered. You can find this data in GSTR-2A.

Part 4: Here details about taxes paid in returns in the financial year must be declared.

Part 5: Here, details pertaining to transactions of a previous financial year that are declared in returns of the current financial year are to be provided.

Part 6: Here, other information such as HSN summary, late fees and GST demands and refunds should be provided.

How to file GSTR 9

You can file GSTR 9 online, via the GST website. Login to the portal at https://www.gst.gov.in/ and click on Annual Returns. Then download summaries of forms GSTR-1, GSTR-3B, and GSTR-9. Next, enter your tax details in the appropriate tables and fields. Then, preview in Excel or in PDF format a draft of GSTR 9. Then proceed to compute liabilities and pay any late fees that you may have. Finally, file GSTR 9.

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Pre-Approved Offer

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Terms and Conditions

By checking the 'Submit' button below and by entering the one-time password (“OTP”) sent by Bajaj Finance Limited (“BFL”), I hereby agrees and acknowledges that I

Am 18 years of age,

Can understand, read and write in the English language,

Have read and understood the terms and conditions contained below (“Terms”).

I agree that my action of entering the OTP sent by BFL and clicking the “Submit” button, constitutes a valid acceptance by me of the Terms contained herein and creates a binding and enforceable agreement between me and BFL.

I declare that all the particulars and information provided by me are true, correct, complete and up-to-date in all respects and that I have not withheld any information whatsoever.

I confirm that I have/had no insolvency proceedings against me nor have I ever been adjudicated insolvent by any court or other authority and I further confirm that I have read the information on various loan products made available by BFL on www.bajajfinserv.in/finance

I authorize BFL to exchange, share all information and details as provided by me and in relation to my existing loans and/or repayment history to any third party including but not limited to its group companies, service providers, banks, financial institutions, credit bureaus, telecommunication companies, statutory bodies, business partners etc. for customer verification, personalization of products or services, credit rating, data enrichment, marketing or promotion of BFL services or related products or that of its associates/business partners and affiliates or for enforcement of your obligations and I shall not hold BFL (or any of its group companies or its/their agents/representatives/ business partners) liable for the use/sharing of the information as stated above.

I agree and affirm that BFL may contact me and communicate with me over telephonic calls, or SMS on the mobile number mentioned herein, or through any other communication mode (“Communication Modes”) to verify the details provided by me . Further, I confirm that I would like to know through the above mentioned Communication Modes various BFL loan offer schemes or loan promotional schemes or any other promotional schemes relating to various products/services offered by BFL/its group companies/business partners from time to time and hereby authorize BFL, its group companies, employees, agents, associates, business partners to contact me from time to time for the same.

I hereby expressly consent and authorise BFL/ its representatives/agents/ its business partners/its group companies/affiliates to send me any communication regarding products/services offered by them using various communication channels, such as, telephone, calls/SMS/bitly/bots/emails/post etc.

I undertake to keep BFL updated of any change in the information provided by me.

I understand and acknowledge that Bajaj Finance shall have the absolute discretion, without assigning any reason to reject my loan application and that Bajaj Finance shall not be responsible/liable in any manner whatsoever for such rejection.

I further understand and agree that pursuant to this application form, I will be required to submit documents to the satisfaction of Bajaj Finance and accept the loan terms and conditions for availing the loan granted to me by Bajaj Finance from time to time.